Latest Press Release on banking

Detour Gold Appoints Barclays Capital as Project Debt Advisor and Lead Arranger for Detour Lake
TORONTO, ONTARIO -- 11/17/09 -- Detour Gold Corporation (TSX: DGC) ("Detour Gold" or the "Company") is pleased to announce the appointment of Barclays Capital, the investment banking division of Barclays Bank PLC ("Barclays Capital"), as Lead Arran..

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NexBank to Significantly Expand Mortgage Operations
DALLAS - NexBank, a leading North Texas banking and financial services company, today unveiled a plan to expand its retail and wholesale mortgage divisions to further enhance its developing service operation among a growing network of homeowners, real estate agents and mortgage profes

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Nomis Insights(TM) - Adding Science to the Art of Pricing
SAN BRUNO, Calif., Nov. 19 /PRNewswire/ -- Nomis Solutions today announced the release of www.nomisinsights.com - the first pricing portal for retail banking. The pricing portal is initially focused on money market product pricing in th...

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Nomis Insights™ - Adding Science to the Art of Pricing
Nomis Solutions launches money markets pricing portal to help retail banking professionals make better pricing decisions./I/P PSan Bruno, CA (PRWEB) November 18, 2009 -- Nomis Solutions today announced the release of a href= http://www.nomisinsights.com onclick= linkClick( this.href )...

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Santander Launches No Fee Current Account
LEICESTER, UNITED KINGDOM -- 11/19/09 -- Santander today outlined the first of a series of initiatives aimed at radically changing retail banking in the UK, giving existing customers the chance to benefit from its success in becoming the most effic..

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Wells Fargo Supports Clean Technologies with New Commercial Banking Group
SAN FRANCISCO - Building on its commitment to a better environment and supporting a greener economy, Wells Fargo & Company (NYSE: WFC) today announced a new Commercial Banking group dedicated to supporting clean technology companies. Based in Palo Alto, Wells Fargo’s National Clean

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Latin America Poised to Recover From Crisis Faster Than U.S.
MIAMI, Nov. 17 /PRNewswire/ -- Latin America has the tools to recover quickly from the current financial crisis due to its stable and well-capitalized banking sector, while it will take the United States more time mainly because of high unemployment and low levels of consumer confidence...

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Harley-Davidson, Inc. Selects Investment Banking Firm to Assist in Sale of MV Agusta
MILWAUKEE, Nov. 19 -- Harley-Davidson, Inc. (NYSE: HOG) has selected the investment banking firm, BNP Paribas in Milan, to assist Harley-Davidson in the sale of MV Agusta. Harley-Davidson is currently identifying potential buyers for the Italian-based m...

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FELABAN Optimistic About Latin American Recovery
MIAMI, Nov. 17 /PRNewswire/ -- Latin America has all it needs to overcome the crisis, and the banking industry aims to play a key role in this recovery, said Ricardo Marino, president for the Federation of Latin American Banks (FELABAN), during the organization's 43rd annual assembly, w...

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Cleantech Connect 2009 Awards
Inaugural event a success and winners announced.The first Cleantech Connect 2009 awards were held in London's St James' last night.Organised by GP Bullhound with Schroders Private Banking as a premium sponsor.The 150 strong crowd represented the cream of bo...

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PA Banking Department Warns Consumers About Apparent Internet Loan Scam
HARRISBURG, Pa., Nov. 18 /PRNewswire-USNewswire/ -- The Department of Banking is warning consumers about an apparent Internet loan scam by Cedarwood Equity Group. The company solicits personal and home loans. They ask for personal financial information, including Social Secur...

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Xcellink Sets Target Definition Study to US Military Specifications for Optimal Mobile Banking Security
LAS VEGAS, NV -- 11/19/09 -- Xcellink International Inc. (OTCBB: XCEL), a developer of patented mobile payments & banking platforms, announced today that it has set new Preliminary Target Definition Studies for the development of the Xcellink P..

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Deutsche Bank Mandated as Administrative Agent, Collateral Agent and Securities Intermediary on Cannon Power Group’s Windy Point Renewable Energy Project
NEW YORK - Deutsche Bank’s Trust & Securities Services, part of the Bank’s Global Transaction Banking division, has been mandated by San Diego-based Cannon Power Group to act as the Administrative Agent and Collateral Agent on a $652 million project financing for the expansio

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Andy Phillips to spearhead Hitachi Capital Invoice Finance growth plans
18 November 2009 - Hitachi Capital Invoice Finance is delighted to announce it has strengthened its team with the appointment of Andy Phillips as Head of Sales, to lead the further expansion of the invoice factoring business. Andy Phillips has over 25 years corporate banking expe...

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Littlebanc Completes Sale of South Florida Educational Software Company to Phoenix Strategy Investments, LLC.
BOCA RATON, Fla., Nov. 18 /PRNewswire/ -- Littlebanc Advisors, LLC(1), a research-centric South Florida-based investment banking firm, sold a privately held Florida education company to Phoenix Strategy Investments, LLC. Details of...

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SVB Predicts Sales Growth in 2010 Fine Wine Sales
ST. HELENA, Calif., Nov. 18 /PRNewswire/ -- Silicon Valley Bank, a leading provider of commercial banking services to the wine industry, released preliminary findings for its annual State of the Wine Industry R...

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Fitch Affirms Ratings of Cullen/Frost Bankers; Outlook Remains Positive
CHICAGO - Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) for Cullen/Frost Bankers Inc. (CFR) and its banking subsidiary Frost National Bank at 'A-' and short-term IDR at 'F1'. The Rating Outlook remains Positive. A list of rating actions follows at the end of this

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Unique to Banking, James J. Burson Named as ECB’s First Chief Revenue Officer
ENGELHARD, N.C. - An exciting announcement was made today by A. Dwight Utz, President and CEO of The East Carolina Bank (ECB), that James J. Burson has joined the Bank as its first Chief Revenue Officer. Although found in many industries, this position is unique and innovative in the banking

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Deutsche Bank Named “Best Administrator for Small and Start up Hedge Funds” by HFM Week
NEW YORK - Deutsche Bank’s Alternative Fund Services, part of the bank’s Trust & Securities Services business in its Global Transaction Banking (GTB) division, recently won the “Best Administrator for Small and Start up Hedge Funds award from HFM Week.

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IBM Mainframe Deployed in Namibia for the First Time
ARMONK, N.Y., Nov. 24 -- First National Bank of Namibia Ltd has selected IBM (NYSE: IBM) to help the bank localize its banking systems and operations. Under the $5 million agreement, IBM will provide FNB with two of t...

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Westpac Banking Corporation Releases Its 2009 Annual Review and Sustainability Report, and 2009 Annual Report
SYDNEY - Westpac Banking Corporation (Westpac) filed its Annual Report on Form 20-F (2009 Form 20-F) with the US Securities and Exchange Commission for the financial year ended 30 September 2009 on November 13, 2009. Westpac has also lodged the following with the Australian S

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Barclays Capital Launches Leveraged Exchange Traded Notes
NEW YORK - Barclays Capital, the investment banking division of Barclays Bank PLC, announced today the launch of Barclays ETN+ Notes on the NYSE Arca stock exchange. These are the first exchange traded notes (ETNs) to offer exposure to leveraged returns linked to the performance or inverse

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Middle Market Investment Banking Firm FOCUS LLC Secures Financing for Nextek, Inc.
WASHINGTON - FOCUS LLC, a national middle market investment banking firm providing merger

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Owners Research Group Announces Results of Investor Consensus Study for Leading Financial Institutions: BAC, C, GS, JPM, MS & WFC
NEW YORK - Owners Research Group today announced the conclusion of a first-of-its-kind survey of major shareholders of six premier U.S. banking institutions. The institutional shareholders of Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, an

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Wells Fargo Names John Manning as Head of Commercial Banking Division for Greater Los Angeles
LOS ANGELES - Wells Fargo & Company (NYSE: WFC) said today it has named John Manning as head of the Commercial Banking Division for Greater Los Angeles. He succeeds Edmond Lelo, who now heads the Cross-Border Relationship Management team for the company’s International Group in Lon

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